Fool FaceInvesting For Growth
What You'll Find Here | The IFG Approach Explained | The Historic IFG
Monday, April 29, 1996
The Daily IFG Report

(FOOL GLOBAL WIRE)
by Robert Sheard (MF DowMan)

LEXINGTON, Ky. (Apr. 29): On a ho-hum day for Wall Street, the IFG portfolio was no exception. None of the ten holdings made significant moves today. Overall, though, the IFG Model trailed the three major indices for the day.

In partnership news, medical device maker Medtronic <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MDT)") else Response.Write("(NYSE:MDT)") end if %> announced today that it has acquired, through a cooperative venture with the Universiteit Utrecht, exclusive rights to a new technology designed to stabilize a portion of the heart during minimally invasive cardiac surgery.

The Utrecht Octopus Method involves an instrument placed on the surface of the heart to immobilize a portion of it in order for a surgeon to works on it while the rest of the heart continues beating. This allows surgeons, in some cases, to perform the needed bypass surgery without performing the more invasive median sternotomy ("cracking the chest").

The benefits of the less invasive procedure are obvious: shorter recovery times, less pain and trauma, and also reduced costs as well as better clinical outcomes.

Medtronic said it also signed a license agreement and got the U.S. patent on another new technology for cardiac surgery developed by cardiac surgeon Dr. Roberto Grinfeld of Buenos Aires, Argentina. Grinfeld's "cannula" technology involves a balloon used as an internal aortic clamp.

In other IFG stock news, Oracle announced that Alcoa will use Oracles Applications Release 10SC to standardize the business processes of its 22 separate units. Alcoa selected Oracle's financial and manufacturing applications, including the Oracle/Datalogix GEMMS modules. Alcoa is now working closely with Oracle Services, the company's professional consulting organization, to have modules in production by the end of the year. The company-wide, Oracle-based system will support 60,000 users.

If you haven't already found it, take a look at the two new additions to our recently renamed IFG Statistics Center. Each weekend you'll be able to see in one location how all of the IFG variations are doing for the year and what the current stocks are based on each approach.

Transmitted: 4/29/96

The Current IFG Stocks

Quick & Reilly Group
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:BQR)") else Response.Write("(NYSE:BQR)") end if %>

Green Tree Financial
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %>

Oracle
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:ORCL)") else Response.Write("(NASDAQ:ORCL)") end if %>

Sterling Software
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:SSW)") else Response.Write("(NYSE:SSW)") end if %>

Checkpoint Systems
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:CKP)") else Response.Write("(NYSE:CKP)") end if %>

Dionex
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:DNEX)") else Response.Write("(NASDAQ:DNEX)") end if %>

Medtronic
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:MDT)") else Response.Write("(NYSE:MDT)") end if %>

RoTech Medical
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:ROTC)") else Response.Write("(NASDAQ:ROTC)") end if %>

Bio-Rad Labs
(ASE:BIO/A)

Computer Associates
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:CA)") else Response.Write("(NYSE:CA)") end if %>

Today's IFG Numbers
INVESTING FOR GROWTH (4/29/96)  

Day Week Quarter Year History

IFG -0.44% -0.44% 4.97% 4.42% 4148.50%

DJIA 0.10% 0.10% -0.25% 8.92% 572.43%

S&P 500 0.11% 0.11% 1.34% 6.21% 514.12%

NASDAQ 0.11% 0.11% 7.88% 12.93% 702.73%

Rec'd # Security In At Now Change

1/5/96 3183 CA 56.13 72.75 29.62%

1/5/96 6252 ORCL 28.58 34.25 19.83%

7/8/95 3866 TLAB 48.00 56.50 17.71%

4/5/96 7695 CKP 26.75 30.50 14.02%

4/5/96 5312 ROTC 38.75 41.75 7.74%

4/5/96 5758 DNEX 35.75 37.13 3.85%

4/5/96 4536 BIO/A 45.38 47.00 3.58%

4/5/96 5945 GNT 34.63 34.38 -0.72%

4/5/96 3293 UNH 62.50 58.13 -7.00%

4/5/96 3525 MDT 58.38 51.25 -12.21%

Rec'd # Security Cost Value Change

1/5/96 3183 CA $178,645.88 $231,563.25 $52,917.38

1/5/96 6252 ORCL $178,703.00 $214,131.00 $35,428.00

7/8/95 3866 TLAB $185,568.00 $218,429.00 $32,861.00

4/5/96 7695 CKP $205,841.25 $234,697.50 $28,856.25

4/5/96 5312 ROTC $205,840.00 $221,776.00 $15,936.00

4/5/96 5758 DNEX $205,848.50 $213,765.75 $7,917.25

4/5/96 4536 BIO/A $205,821.00 $213,192.00 $7,371.00

4/5/96 5945 GNT $205,845.63 $204,359.38 $(1,486.25)

4/5/96 3293 UNH $205,812.50 $191,405.63 $(14,406.88)

4/5/96 3525 MDT $205,771.88 $180,656.25 $(25,115.63)

CASH $274.44

TOTAL $2,124,250.19

Transmitted: 4/29/96


Main
Page

Fool's
School

Hall of
Portfolios

Investing
Foolishly

Daily
News

Stock
Research

Foolish
Games
Copyright © 1996 The Motley Fool, Inc. All Rights Reserved.